SENIOR ACTUARY, PROPERTY AND CASUALTY

Introduction The Maryland Insurance Administration (MIA) is\r\nan independent State agency that regulates Maryland's $46 billion insurance\r\nindustry and protects consumers by monitoring and enforcing insurers' and\r\ninsurance professionals' compliance with State law.� Through the diligence\r\nof a highly professional staff of market analysts, financial analysts,\r\naccountants, lawyers, law enforcement officers, actuaries, complaint\r\ninvestigators, and others, the MIA works to facilitate a strong and competitive\r\ninsurance marketplace where consumers are well informed and treated\r\nfairly.� Staff members are subject matter experts who serve as a resource\r\nfor lawmakers, consumers, and other public and private entities.�\r\n�\r\nThe MIA is charged with a broad range of\r\nresponsibilities including the licensure of insurance carriers and insurance\r\nproducers (brokers/agents) operating in Maryland, the conduct of financial\r\nexaminations of companies to monitor financial solvency, and the review and\r\napproval of rates and contract forms. The MIA investigates reports of consumer\r\nfraud and consumer complaints about life, health, automobile, homeowners,\r\nand/or property insurance.� Insurance carriers are subject to market\r\nconduct examinations and other actions to monitor compliance with Maryland\r\nlaw.� The MIA also has a unit dedicated to consumer education and\r\noutreach, which participates in hundreds of events and reaches thousands of\r\nindividual consumers annually.\r\n�\r\n• This is a Management\r\nService position that serves at the pleasure of the Appointing Authority.\r\n

GRADE MIA

0025\r\n

LOCATION OF POSITION

Baltimore City�or hybrid (between office and telework) \r\n

POSITION DUTIES

The\r\nMIA's Property and Casualty Division is seeking a Senior Actuary, Property and\r\nCasualty to perform actuarial analysis of property and casualty insurance\r\nrate/rule filings for adherence to actuarial principles and compliance with the\r\nAnnotated Code of Maryland Insurance Article and COMAR. This position conducts\r\nsurveys, special studies, data calls and prepares reports as required. This\r\nposition also provides actuarial perspective and recommendations to the\r\nProperty and Casualty (P&C) Division staff and other sections of the MIA with\r\nrespect to the Insurance Article, COMAR, MIA policy and legislation;\r\nand may provide testimony in support of the analysis or opinions at rate\r\nhearings as needed. The Senior Actuary will utilize various types of software to\r\nperform job functions.\r\n\r\n\r\nThe Senior Actuary, Property and Casualty position does not\r\ninvolve supervisory responsibilities, but may assist in the training of\r\nactuarial interns. The Senior Actuary, Property & Casualty will report to the\r\nChief Actuary, Property and Casualty. \r\n

MINIMUM QUALIFICATIONS

\r\n Bachelor's degree from an accredited college or university;\r\n A minimum of five (5) years of property/casualty actuarial experience; and\r\n Associate through Fellowship standing in the Casualty Actuarial Society, and membership in the American Academy of Actuaries.�\r\n\r\n

DESIRED OR PREFERRED QUALIFICATIONS

\r\n\r\n Understanding of property and casualty insurance ratemaking procedures and rate regulatory statues.\r\n Strong analytical, mathematical, problem solving, and written and verbal communication skills.\r\n Computer skills and experience with database applications.�\r\n\r\n\r\n

BENEFITS

Our comprehensive benefits package includes a\r\ngenerous leave package; medical, prescription, dental and vision coverage;\r\nhealthcare and dependent daycare flexible spending accounts; a defined benefit\r\npension plan with optional 457 and 401k supplemental retirement plans; flexible\r\nwork schedules; and service that may qualify the successful candidate for the\r\nFederal Public Service Loan Forgiveness Program.\r\n\r\n\r\n\r\n\r\n\r\n\r\nSTATE

OF MARYLAND

BENEFITS\r\n�\r\n

FURTHER INSTRUCTIONS

Please contact: charrison@maryland.gov for\r\nadditional information concerning this recruitment. Online applications are\r\nstrongly preferred.

For immediate consideration:

upload one (1) WORD or PDF\r\nfile, that includes your combined cover letter and resume, to the\r\n'Resume' tab. Please indicate your salary requirements in the cover\r\nletter. \r\n�\r\nIf you are unable to apply online, you may\r\nsubmit an application packet by mail. �Your submission must be received by\r\nclose of business, on the closing date for the recruitment. �Postmarks\r\nwill not be accepted.\r\n�\r\nComplete application packets may be mailed to:\r\nMaryland Insurance Administration\r\nHuman Resources - Recruitment #: #24-009662-0002\r\nSt. Paul Place, Suite 2700\r\nBaltimore, MD 21202\r\nTTY �

Users:

call via Maryland Relay\r\nWe thank our Veterans for their service to our\r\ncountry, and encourage them to apply.\r\nAs an equal opportunity employer Maryland is\r\ncommitted to recruiting, retaining and promoting employees who are reflective\r\nof the State's diversity.\r\n�\r\n